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Re: None

Wednesday, 01/02/2019 12:21:37 PM

Wednesday, January 02, 2019 12:21:37 PM

Post# of 28181
Uh-oh. The Secret Investor has folded.

The PR of Aug 15, 2017 mentions "Cyclone welcomes Altris Thermal of Utah as a solar/thermal OEM."

The first hit from Google for Altris Thermal is the Utah Division of Corporations page that says their corporate status is expired as of July 26, 2018.

Altris Power of Utah also shows up at the same address, and their status is expired as of November 29, 2018.

Their trademark also expired last August.

Altris Power has a website http://www.altrispower.com/ Scroll down to the Clean Engine section and see if anything looks familiar. It gets even better on another page http://www.altrispower.com/clean-engines/

Altris Power's corporate address turns out to be a small business incubator non-profit in Salt Lake City that currently does not list them as a member.

There's no evidence they have done anything other than set up a website and file some corporate papers.

But, that didn't stop Frankie and Harry from annoucing this "investor" was going to buy 20% of Cyclone for $5 million:

About Investors:

They will, at their request, be identified as soon as the due diligence period is complete or they have reached their filing requirements by SEC of ownership.

They have over 20 years combined experience specialize in marketing, innovation, strategy, scaling technologies, building affiliate networks for mass distributions, and financing green technologies to address pressing needs for a wide variety of industries, including water purification, solar heating, and clean electrical generation. All of their affiliates are each a game changer in their field. They are bringing the right products, at the right time, as the U.S. and global markets have increased awareness and requirements for clean energy.


Yeah, no point in telling the world their big investor was subletting from a non-profit operating out of an old church.

That PR title, by the way, was "Cyclone Power Technologies Signs Binding LOI with Investor Group to Purchase Equity Stake in Company with First Priorities Being Engine Production and Entering Microgrid Market". Gotta love those Binding LOIs.

In February they put out a PR claiming claiming to have applied for patents on their solar thermal technology. The US Patent Office, however, has no record of such applications in 2018 by anyone named Schoell.

Also in February they claimed to have settled all judgements and "Cyclone is introducing a Pioneer program for the first Microgrid systems and generators. Please watch for the details and updates." Wonder how that's going?

Then in July their new turn-around expert said "The product patents and the enhancements to existing patents are in the process of filing, and this will provide what we believe to be potentially strong competitive business advantages for our four engines that are slated for launch in late 2018." Yep, the four were the Marks 1, 3, 5 and 10.

Also in July we heard the Performance Division was sold to GoGreen Energy of California, the "industry leader in mobile power solutions and light towers" and that

Cyclone Power Technologies is making great strides in its normal course of operations and its goals of bringing a working engine into mass production in the very near future. We are continuing to work closely with our new investors/partners and receiving monthly payments based upon draw schedules and milestones of finishing the engines. We have fully priced out the completed engines with our manufacturers and are getting ready to take deposits from customers for the first production engines.

“We have added new staff and electrical engineers with extensive experience and knowledge to help us complete the arduous task of bringing an industry disruptor to the market.” commented Harry Schoell. We are finally making great progress now that we have the equipment and manpower necessary to complete the tasks at hand.

When do you suppose "the very near future" will ever get here?

And also in July, the $11 million contract was signed. That promised the Mark 10 engines before the end of the year and the running solar system installed by the end of Q1.

So 2018 was just the same as every other year of Cyclone's existence. They took money from investors with false claims of working technology, made big announcements of what they were going to do by the end of the year, and utterly failed because Harry Schoell is wasting all his time and all the investors' money trying to prove to the world that his "in-genius" inventions are not total losers.

And Frankie Fruge continues to defraud investors by not reporting the material facts to the SEC as she is legally required to do.

I wonder when they will make the first claim that engines will go into production in six months? We must be due by now.


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